Kansas Small Estate Affidavit | Form 59-1507b
The Kansas Small Estate Affidavit (Form 59-1507b), also known as the “Affidavit Transferring Certain Personal Property in Estates,” is a legal form used when a loved one passes away with a total estate value of $40,000 or less, and the family of the deceased is looking to collect the property/assets that are in the possession of another individual or an entity (such as a bank). The party that completes the document is known as the “affiant”, with the individual that died being classified as the “decedent.”
The two-page form is provided by the Kansas Judicial Council and must be completed by a party who believes they have a rightful claim to the estate (the affiant), and be sworn and subscribed by a Notary Public in order to be valid.
Laws: § 59-1507b
Maximum Estate Value: $40,000
Required Conditions: The form is legitimate so long all the fields are completed in their entirety and it is Notarized by a lawful entity. It is worth noting that the form can be used by a successor in cases where the deceased individual died without leaving a will (not only in situations where a will was left).